Green Car Congress

MARCH 11, 2022

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

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Green Companies Switzerland Denmark 199

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.). Punta Arenas pilot plant under construction.

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Porsche Chile Global Industrial 243

Green Car Congress

JUNE 2, 2013

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

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Volt Financing Gas Power 334

Green Car Congress

AUGUST 19, 2022

Waste-to-biogas company Anaergia Inc. Once this gas is processed, Anaergia produces pipeline quality renewable natural gas (RNG) and a clean stream of carbon dioxide that normally gets released to the atmosphere. Founded in 2004, European Energy has a development pipeline of more than 20 GW of renewable energy projects.

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Green Supplies Energy Denmark 186

Green Car Congress

MARCH 10, 2023

ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

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Engine Financing North America Clean 150

Green Car Congress

OCTOBER 5, 2022

Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2

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Power Powered Hydrogen South America 186

Green Car Congress

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. With the integration of a cavern storage facility by RWE in Gronau-Epe, the system, which is based on electricity generation from wind energy, can also make a contribution to supply security.

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Hydrogen Green Europe Gas-Electric 435

Green Car Congress

DECEMBER 1, 2014

Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. itself will focus on renewables, distribution networks, and customer solutions. will take necessary preparatory steps for the New Company’s public listing.

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Power Powered Renewable Gas 244

Green Car Congress

APRIL 7, 2014

IFC, a member of the World Bank Group, and the largest global development institution focused exclusively on the private sector, together with the Westly Group, a venture capital firm based in Menlo Park, California, led the financing.

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China Companies Asia Financing 240

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Report highlights include: Cape Wind’s troubles. Source: IRENA.

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Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.).

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Financing Renewable Stimulus Package Energy 150

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

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Hydrogen Green Waste Clean 150

Green Car Congress

DECEMBER 8, 2015

The Västra Götalandsregionen is financing the feasibility study. Hydrogen is produced via electrolysis using the excess renewable electricity; the hydrogen can then be used in a fuel cell to generate new electricity and heat when needed. Byproducts of the process are heat and oxygen; these can be used.

Hydrogen 150

Hydrogen Renewable Gas-Electric Sweden 150

Green Car Congress

MAY 27, 2011

UK Business Secretary Vince Cable announced the start of a competition to form an Offshore Renewable Energy technology and innovation centre. The new center will focus on technologies for offshore wind, wave and tidal power. The funds will support innovative businesses with high growth potential that are raising equity finance.

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Renewable Energy Wind Financing 218

Green Car Congress

MARCH 5, 2020

The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing. The advantage of the location in Duqm is the availability of inexpensive renewable energy (solar and wind), as well as large, accessible sites (on- and off-shore).

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Oman Hydrogen Green Mariner 269

Green Car Congress

JUNE 20, 2023

The amount is just a fraction of the estimated $35 trillion needed to be spent on the energy transition by 2030, according to the International Renewable Energy Agency. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. trillion in 2022, IRENA said. Timeline considerations.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

JUNE 15, 2022

ANIL will target a production of one million metric tons of green hydrogen per year (Mtpa) by 2030, underpinned by around 30 gigawatts (GW) of new renewable power generation capacity, as its first milestone. This partnership is based on the complementarity of the two companies.

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India Hydrogen Green Industrial 150

Green Car Congress

NOVEMBER 29, 2011

The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and governments cut funding due to the uncertain economic environment, according to a new report by the Economist Intelligence Unit (EIU) sponsored by Swiss Re.

Renewable 199

Renewable Energy Financing Wind 199

Green Car Congress

MAY 31, 2011

(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

Financing 199

Financing Power Powered Los Angeles 199

Green Car Congress

MARCH 19, 2021

In the first stage of the project, the proposed facility will use Haldor Topsoe’s proprietary solid oxide electrolyzer cells (SOEC) ( earlier post ) to produce green hydrogen from 100 MW of renewable electricity. The hydrogen will be further processed into 300 ton/day of green ammonia , also using Topsoe technology.

Green 186

Green Saudi Arabia Hydrogen Mariner 186

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. In January, Valero invested in Mascoma ( earlier post ). —George Stutzmann, Vice President of Alternative Energy of Valero.

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Financing Commercial Michigan Corporation 210

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. We know a circular economy with renewable energy is the path, and we have positioned ourselves to be the alternative energy capital of the world. That’s why our partnership with SGH2 is so important.

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Waste Hydrogen Green California 448

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Energy Coal 2020 344

Green Car Congress

MARCH 28, 2017

Preem, the largest fuel company in Sweden, and Vattenfall have concluded an agreement to investigate the potential Vattenfall’s providing of hydrogen gas in the large scale production of biofuel for the Swedish market. Preem and Vattenfall will set up a work group and pilot study which are financed by both parties.

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Hydrogen Sweden Finland Denmark 150

Baua Electric

MARCH 27, 2024

This project, unveiled by Prime Minister Narendra Modi during a video conference on February 24, 2024, marks a pivotal moment in India’s commitment to renewable energy adoption. The Challenge of Intermittency and the Role of Batteries The transition to renewable energy sources such as solar and wind power is gaining momentum globally.

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Clean Cleaning Energy Auto 52

Green Car Congress

JULY 9, 2009

The US Departments of the Treasury and Energy announced the availability of an estimated $3 billion for the development of renewable energy projects around the country. Eligible types of renewable energy propertires inlcude: Large and small wind. Biomass (closed-loop and open-loop). Geothermal. Landfill gas. Fuel cells.

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Tax Credit Renewable Energy Tax 150

Green Car Congress

MAY 19, 2010

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds. Lignol Innovations.

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Tax Credit Tax Companies Financing 210

Green Car Congress

JANUARY 18, 2012

In its 2011 year-end report, Road Map to Renewal , the President’s Council on Jobs and Competitiveness (Jobs Council) made a number of recommendations to create jobs in the short run and improve US competitiveness over the long term. —“Road Map to Renewal”. The federal government should also streamline the permitting process.

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Renewable Energy Fuel Coal 236

Green Car Congress

FEBRUARY 8, 2023

These include higher-return bioenergy, and convenience & EV charging; and focusing hydrogen and renewables & power where bp can leverage integration. Renewables & power: bp will focus investment on opportunities where it can create integration value and enhance returns. It continued to strengthen its finances, reducing net debt by $9.2

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Engine Oil Hydrogen 2019 150

Green Car Congress

MAY 13, 2011

Starting in 2013, Audi will begin series production of TCNG models whose engines—derived from TFSI units—will be powered by e-gas: synthetic methane produced via the methanation of hydrogen produced by electrolysis using renewable electricity. Wind turbines are the first significant component of the Audi e-gas project.

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Audi Gas Hydrogen 2013 370

Green Car Congress

OCTOBER 7, 2010

Sun Catalytix Corporation (Sun Catalytix), an energy storage and renewable fuels company ( earlier post ), completed a $9.5-million The funds raised in this financing will support continued development of the company’s catalyst technology. —MIT Professor and Sun Catalytix Founder Daniel Nocera.

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Land Rover Energy Storage MIT Wind 186

My Energi

APRIL 25, 2024

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022. “If

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Charging Jordan Grant Climate Change 52

Green Car Congress

APRIL 14, 2010

a Massachusetts company developing an innovative compressed air energy storage system, has signed an agreement with ConocoPhillips to develop compressed air energy storage (CAES) projects, beginning with a pilot project in Texas, using General Compression’s Advanced Energy Storage (GCAES) technology. General Compression , Inc.,

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Energy Storage Energy Massachusetts 2006 186

Green Car Congress

JUNE 15, 2013

Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Source: Siemens.

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Germany Energy Renewable Grid 239

Green Car Congress

MARCH 8, 2021

Energy Fuels will produce its RE Carbonate from natural monazite sands supplied by US-based Chemours Company under a sales agreement between Energy Fuels and Chemours that was announced on 14 December 2020.

Energy 186

Energy Fuel Production Estonia 186

Green Car Congress

JANUARY 27, 2023

Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. Captis Aire LLC, “Renewable Blending Components to Enable 100% Sustainable Aviation Fuel (SAF)”, $2,000,000. Comstock Inc.,

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Production Carbon Conversion Mariner 225

Green Car Congress

MARCH 12, 2010

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

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Stimulus Package Manufacturer California Electric Cars 199